This information is provided courtesy of Merrilee Boyack, Deputy Mayor of Poway, and a Cedar Fire Survivor, following a discussion with the County Assessors's Office.
She cautions, in the words of President Ronald Reagan "Trust but verify".
The following link will provide more detailed information:
http://www.sdarcc.com/
(not to be confused with the Red Cross site at sdarc.org)
IF YOU FILE THE CALAMITY CLAIM FORM (check above website as well as City of Poway site at http://www.poway.org/)
Your tax payment is placed on hold and penalities will be assessed. Your property will then be reassessed (form will trigger it--you don't need to do anything else). Tax Collector will then send out an adjusted tax bill for you to pay. You will pay the lower, adjusted amount.
When you acquire a permit to rebuild your house, the County Assessor is notified, and your property will again be reassessed.
IF YOU BUILD A SUBSTANTIALLY SIMILAR HOUSE, your tax assessment will be the same as it was under full Proposition 13 protection.
IF YOU BUILD A SMALLER HOME, it will be the lesser of the previous assessed value or the full market value-- whichever is LESS.
IF YOU BUILD A BIGGER HOME, you will have the same assessment as you did before PLUS the additional square footage of the enlargement is reassessed and added.
For example, if you previously were assessed on a 2,000 sq. ft. home and built a 3,000 sq. ft. home, your new assessment would include the previous assessment value of the 2,000 sq. ft. home, plus the added assessment for the 1,000 sq. ft. increase.
It is important to submit the Calamity Claim Form as soon as possible.
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